BofA sees policy as key risk to oil price forecasts
Bank of America (BofA) analysts have highlighted recent developments in the energy sector, noting that unexpected U.S. sanctions on Russian energy and cold winter weather have pushed Brent crude prices…
Macquarie projects US crude stock build, sees product surge
On Monday, Macquarie strategists projected an increase in US crude inventories and a significant build in product stocks for the week ending January 10. Analysts at Macquarie estimate that US…
US crude and distillate inventories likely fell last week, gasoline seen up: Reuters Poll
(Reuters) – U.S. crude oil and distillate stockpiles are expected to have fallen last week and gasoline inventories to have risen, a preliminary Reuters poll showed on Monday. Three analysts…
Greenland to set terms of defence and mining ties with US, says PM
COPENHAGEN (Reuters) -Greenland Prime Minister Mute Egede said on Monday the country is looking to strengthen its defence and mining ties with the United States, albeit on its own terms,…
Oil prices climb 2% to 4-month high on expected hit to China and India’s Russian supplies
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers…
Greenland seeks closer defence, mining ties with the US, says prime minister
COPENHAGEN (Reuters) – Greenland wants to work closer with the United States in the area of defence and on exploring the Arctic island’s mining resources, Greenlandic Prime Minister Mute Egede…
Oil tanker sabotage crew were poised to cut more cables when caught, Finland says
By Anne Kauranen HELSINKI (Reuters) – Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables…
Analyst explains why gold prices are at ‘a critical juncture’
Investing.com — Gold has recently demonstrated a notable ability to withstand the pressures of increasing bond yields and a strengthening US dollar. Despite these headwinds, the metal has managed to…
Russia faces higher costs on sea-borne oil exports due to new US sanctions
By Vladimir Soldatkin MOSCOW (Reuters) – Sweeping U.S. sanctions on Russia’s oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due…
Gold prices lower on rate jitters; copper muted after Chinese trade data
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